Nigeria Expands Port Capacity to Boost Regional Trade

Adegboyega Oyetola, during the mid-year session of the Port Management Association of West and Central Africa (PMAWCA) held in Victoria Island, Lagos, declared that Nigeria is expanding its port capacity to position the country as a leading trade logistics hub in West and Central Africa. The Federal Government has approved the development of additional deep seaports across the country to strengthen supply chain resilience and improve Nigeria's competitiveness in the global maritime industry.

Oyetola noted that these reforms are part of a broader initiative to modernize the nation's port infrastructure, which includes upgrading existing seaports to attract larger vessels and enhance operational efficiency. The government aims to streamline cargo clearance through a single-window initiative, significantly reducing logistics bottlenecks.

The maritime security initiative, known as the Deep Blue Project, aims to eliminate piracy and reduce maritime crime in Nigerian waters. Oyetola's statements were supported by PMAWCA's Managing Director, Abubakar Dantsoho, who highlighted significant investments in maritime infrastructure across the sub-region.